USDA Vs. FHA your options comparison in Glen-Carbon, Madison County, IL
In 2025, the USDA loan limit for a single-family home in Glen-Carbon, county of Madison, IL, is $285,000, whereas the FHA limit is $356,362.
Make use of Lendersa®'s USDA loan calculator to compare today’s leading USDA versus FHA rates and assess your required income, credit, reserves, and documentation for qualification. This advanced mortgage calculator lets you see USDA, FHA, Conforming, and VA loans side-by-side, assisting you in selecting the right program for your financial conditions in .
2025 Loan Limits and Downpayment Requirements in Glen-Carbon, Madison County, IL
Loan Type
Loan Limit
Down payment
USDA
$285,000
0%
FHA
$356,362
3.5%
Conventional Conforming
$548,250
3%
USDA and FHA Loan Options in Glen-Carbon, IL
The goal of Lendersa® is to efficiently connect you with the most fitting USDA or FHA loan, minimizing hassle. Select one of three initial pathways that help match you with lenders offering USDA loan programs.
The USDA home loan, also known as a USDA rural development loan or USDA mortgage, is guaranteed by the Department of Agriculture and is specifically available for rural areas. Unlike FHA loans, which require a minimum down payment of 3.5%, the USDA mortgage does not require any down payment, making homeownership more accessible.
Howard Financial has specialized in a wide variety of loan types and financing strategies including Conventional, FHA/VHA, Jumbo loans, Portfolio lending, and Reverse mortgages. We will guide you through the mortgage planning process and find the right fit for your needs.Whether a first-time homebuyer, purchasing an investment property.
It can be a huge task to purchase a new house or refinance your current mortgage loan. You can count on us to guide you to the loan program that's the best fit for you. Our team of professionals is ready to help you with this important financial decision. U.S. Financial to be your guide in finding the right mortgage program for you!
Eastern Mortgage Company Inc., has put over 150 years of mortgage experience to work for their clients. We take a great deal of pride in providing innovative and competitive mortgage products. Here at Eastern Mortgage we use a blend of old fashioned honest work ethic and modern technology with state of the art automated underwriting
Seneca Savings is a community bank that feeds into a self-sustaining micro-economy by keeping funds right here in Central New York.
The idea of “sustainability” is linked to a lot of our local activities these days. Funds taken in by the community are put to productive use by lending that money back into the Syracuse economic ecosystem.
Tri County Area FCU is a full-service financial institution offering a broad range of benefits & friendly, convenient service right here in our community. We have been serving our community for over 70 years! Unlike traditional banks, we don’t have stockholders. So when you join the Credit Union, you become an owner of our credit union
Diamond Credit Union is a full-service, community-chartered credit union offering everything you need from everyday checking, savings, and loans, to Commercial Services, Mortgages, and Financial Planning. Diamond is not-for-profit and member-owned. Anyone who lives, works, worships.
KodaBank, we offer a wide variety of affordable consumer loans. But money is only one part of the deal. We focus on listening to you, learning all about your personal goals, and finding the right financing to fit your needs. It's a straight-forward, common-sense approach to lending that earns us both new and repeat customers and sets us apart from
We’re proud to serve you! As a valued member of our financial “family” your needs are our #1 priority. That’s why we offer a wide variety of products and friendly, reliable service – all in one convenient place. Our checking, savings & investment accounts are all designed to meet your individual needs.
The Dover Federal Way: Members are our priority. Excellence is our past, present, and future. Dover Federal Credit Union is the 2010 Winner of the Central Delaware Chamber of Commerce Presidents Award for Excellence. For more than 50 years, you've come first, with products, knowledge and personalized services to achieve your dreams.
Angle Mortgage Network is located in Dover, DE and has a variety of mortgage products to offer. We can’t wait to help you find your mortgage product! Whether you are a first time homebuyer or an experienced real estate investor, having a mortgage team you can count on is crucial.
